Investment Objective The investment seeks capital appreciation and income.
The fund normally invests at least 80% of its investable assets (net assets plus any borrowings made for investment purposes) in the equity-related securities of real estate companies operating in the United States- principally real estate investment trusts (REITs) and other real estate securities. It may invest up to 20% of its investable assets in other securities- including equity-related securities of foreign real estate companies. The fund may invest more than 5% of its total assets in any one issuer. It is non-diversified.